You said you had to pass the bill in order to see what’s in it. Apparently it was like the Ark of the Covenant.
Yes, this is a train wreck. It’s a train wreck upon another train wreck, upon another train wreck… it’s train wrecks all the way down.
For starters, it’s a fragmentation grenade to the full-time job market. CNBC:
With open enrollment for Obamacare about to
begin, small- and medium-sized businesses are not hiring because of
uncertainty surrounding the implementation of the law, the CEO of
nation’s fifth-largest staffing company said on Monday.
“Companies are really not interested in
hiring full-time people. That’s really the issue with Obamacare,”
Express Employment Professionals boss Bob Funk told CNBC’s “Squawk Box” on Monday.
Funk, a former chairman of the Kansas City
Federal Reserve, admitted that this trend is a “boon” for his business,
but “not healthy for the country as a whole.”
Less than two weeks before the launch of
insurance marketplaces created by the federal health overhaul, the
government’s software can’t reliably determine how much people need to
pay for coverage, according to insurance executives and people familiar
with the program.
Government officials and insurers were
scrambling to iron out the pricing quirks quickly, according to the
people, to avoid alienating the initial wave of consumers.
A failure by consumers to sign up online in
the hotly anticipated early days of the “exchanges” is worrisome to
insurers, which are counting on enrollees for growth, and to the Obama
administration, which made the exchanges a centerpiece of its sweeping
health-care legislation.
If not resolved by the Oct. 1 launch date,
the problems could affect consumers in 36 states where the federal
government is running all or part of the exchanges. About 32 million
uninsured people live in those states, but only a fraction of them are
expected to sign up in the next year.
(Click link below to read more) READ MORE Sphere: Related Content
Posts
No comments:
Post a Comment